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Reporting gambling winnings
Mon, 06 Feb 2012 00:00:45 -0800
Taxes » Tax Filing » Reporting Gambling WinningsLady Luck must be Uncle Sam's cousin, because taxes must be paid on all gambling winnings.Here's a look at the federal tax forms you'll need to share your ...
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State considers legalizing online gambling to fatten coffers
Sun, 05 Feb 2012 23:15:41 -0800
Illegal online gambling is an estimated $30-billion dollar business worldwide. Now, lawmakers in cash-strapped Calif. want to legalize games, such as online poker, to get a piece of that pie and they could do it this year. "The issue isn't should people bet online. It's happening already," said Democratic Senator Lou Correa of Anaheim. He has a bill to make online poker legal in California ...
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NJ eyes hand-held gambling devices inside casinos
Sun, 05 Feb 2012 23:44:09 -0800
Gamblers at Atlantic City casinos may someday be able to place bets while standing in line for dinner, in a lounge, or beside a swimming pool.A proposal by state Sen. Jim Whelan, a former Atlantic City ...
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Florida casino gambling bill is dead for 2012
Fri, 03 Feb 2012 11:26:57 -0800
TALLAHASSEE, Florida (Reuters) - A bill that would have ushered in the largest gambling expansion in Florida history was withdrawn by its legislative sponsor on Friday, killing for now the prospect of allowing up to three mega-resort casinos in the Miami and Fort Lauderdale area. The bill, which proponents said could lead to 100,000 new jobs for the state, faced a probable defeat at its first ...
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DC Council poised to repeal online gambling
Tue, 31 Jan 2012 13:29:21 -0800
After becoming the first jurisdiction in the nation to legalize online gambling within its borders, the District of Columbia is poised to repeal the program before it launches.The strong backlash on the ...
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Tribes: Conn. has unregulated online gambling
Thu, 02 Feb 2012 12:21:58 -0800
The state's two federally recognized Indian tribes warned legislators on Thursday that unregulated online gambling is already happening in Connecticut, despite the state not having legalized Internet wagering.
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Chasing the Win: Eastern Iowan speaks out about gambling addiction
Sun, 05 Feb 2012 19:30:48 -0800
Casino gambling in Iowa has been legal for more than two decades. Industry officials say casinos provide a $1 billion impact to the state and pay $340 million in state taxes but some say gambling has ruined lives.
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Gambling war may be over, but skirmishes linger
Sat, 04 Feb 2012 16:18:27 -0800
Ever read a history of the confounding relationships, intricate strategies, shifting coalitions, mighty egos and stunning miscalculations that led to the First World War?
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Florida and Casino Gambling -- Not While Disney’s Here
Sun, 05 Feb 2012 14:00:00 -0800
COMMENTARY | Another proposed casino gambling bill, this one promising 100,000 new jobs in Florida's troubling economy, failed to pass its first hurdle Friday, Reuters reports. In order for this bill to move further in the Florida House of Representatives it needed passage from one committee. In other words, it never stood a chance against the House Business and Consumer Affairs Subcommittee ...
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D.C. Council poised to repeal online gambling
Sat, 04 Feb 2012 16:49:48 -0800
After becoming the first jurisdiction in the nation to legalize online gambling within its borders, the District of Columbia is poised to repeal the program before it launches.
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